Thoma Bravo to buy UK's Darktrace for about $5.32 billion (updated)
26/04/2024 08:22
(Adds premium details, share sin paragraphs 2-3)
April 26 (Reuters) - Private equity firm Thoma Bravo has
agreed to buy British cybersecurity firm Darktrace DARK.L for
about $5.32 billion in cash, the companies said on Friday.
The agreed price of $7.75, or around 620 pence per share
represents a 44% premium to Darktrace's average share price in
the three months to Thursday Thoma Bravo said.
Shares in the company jumped 16% after the announcement to
601 pence.
(Reporting by Yadarisa Shabong in Bengaluru and Paul Sandle in
London; Editing by Mrigank Dhaniwala)
((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))